American President Donald Trump acquired bonds worth at least 51 million dollars in March, according to financial statements published on Saturday. The acquisitions cover a wide range of economic sectors, writes Reuters.
According to forms issued by the US Office for Government Ethics, Trump conducted 175 financial transactions last month. The documents do not mention the exact amounts for each sale or purchase, but only indicate value ranges.
The majority of the declared assets are municipal bonds, issued by states, counties, school districts or other entities that have ties with governmental agencies or public-private partnerships.
His 26 largest transactions, ranging between 1 million and 5 million dollars, primarily targeted US Treasury municipal bonds or securities. However, the list also includes two corporate bond acquisitions from Weyerhaeuser and General Motors.
Additionally, the president has invested in an ETF (exchange-traded fund) that tracks a high-yield bond index.
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